Opec set for $1,000bn in export revenues

FT.com / Companies / Oil & Gas - Opec set for $1,000bn in export revenues: "Opec set for $1,000bn in export revenues By Sylvia Pfeifer, Javier Blas and David Blair in London Published: March 29 2011 22:31 Last updated: March 29 2011 22:31 Opec, the oil producers’ cartel, will reap $1,000bn in export revenues this year for the first time if crude prices remain above $100 a barrel, according to the International Energy Agency. The cartel has been one of the main beneficiaries of high oil prices, which have soared in recent weeks amid the civil uprisings in the Middle East and north Africa."